Amf Sustainability Profile
AMF Försäkring, commonly referred to as AMF, is a prominent player in the Swedish insurance and pension sector, headquartered in Stockholm, Sweden. Established in 1973, AMF has built a strong reputation for providing comprehensive pension solutions and insurance products tailored to meet the needs of both individuals and businesses across the Nordic region. With a focus on long-term savings and financial security, AMF offers a range of unique services, including occupational pensions and investment funds, distinguished by their competitive fees and customer-centric approach. The company has achieved significant milestones, including a robust market position as one of Sweden's leading pension providers, recognised for its commitment to sustainability and transparency in financial management.
DitchCarbon Score
How does Amf's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Insurance Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Amf's score of 34 is higher than 54% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Amf's reported carbon emissions
In 2024, AMF reported Scope 3 emissions of approximately 137,000 kg CO2e from business travel. This marks an increase from 2023, where emissions were about 112,000 kg CO2e, and a significant rise from 2022, which recorded around 37,000 kg CO2e. The data indicates a growing trend in emissions related to business travel over these years. AMF has set ambitious climate commitments, aiming to reduce its Scope 1 and Scope 2 emissions to near zero by 2025. Additionally, the organisation plans to cut its absolute greenhouse gas emissions under Scope 1 and Scope 2 by 100% by 2030, while also targeting a 67% reduction in Scope 3 emissions per square metre compared to 2020 levels. The emissions data is cascaded from AMF Tjänstepension AB, reflecting the corporate family relationship. As a current subsidiary, AMF is aligned with broader sustainability initiatives and targets set by its parent organisation.
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| 2022 | 2023 | 2024 | |
|---|---|---|---|
| Scope 1 | - | - | - |
| Scope 2 | - | - | - |
| Scope 3 | 37,000 | 000,000 | 000,000 |
How Carbon Intensive is Amf's Industry?
How Carbon Intensive is Amf's Location?
Amf's Scope 3 Categories Breakdown
Amf's Scope 3 emissions, which increased by 22% last year and increased by approximately 270% since 2022, demonstrating supply chain emissions tracking. Their carbon footprint includes supplier sustainability and value chain emissions data across Scope 3 categories, with "Business Travel" representing nearly all of their reported Scope 3 footprint.
Top Scope 3 Categories
Amf's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Amf has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
